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Almost 1,700 USA stores inside malls closed in 2018, according to Bank of America, and so far this year, closings have reached more than 4,000. This is the future of malls. - CBS This Morning
WIRED's Emily Dreyfuss talks with architecture professor Ellen Dunham-Jones about mall culture and the fate of dead malls. Hint, zombies and loneliness epidemic.
What's in store for retailers this holiday season? Unwrapping top 10 holiday shopping trends, how much consumers plan to spend, where they'll shop, & latest digital trends. - From Deloitte USA
For Alibaba, 24 hours of experience filled shopping, $38.4 Billion in gross revenue, a new record in the 11th edition of 11.11 Singles Day.
Brain Corp has deployed 3,000 industrial floor cleaners. Bossa Nova has deployed 350 inventory robots in Walmart, and Simbe expecting to deploy 500 systems over the next year. - From ABI Research
For decades, Toys "R" Us was a retail overall leader. Then they filed for bankruptcy in 2017 & liquidated six months later. How did Toys "R" Us go bankrupt? - From Wall Street Journal
Sobeys is pilot-testing a high-tech shopping cart that allows shoppers to skip the checkout line, but it is not intended to replace cashiers. From CityNews Toronto.
Would you accept skin care recommendations from Siri or Skynet? Maybe not, but you might have been served A.I.-picked recommendations, thanks to Sephora.
From augmented reality-powered mirrors to robot couriers, Alibaba's Intime shopping mall brings shopping innovations to Chinese consumers in time for Single's Day 11.11.
Coresight Research projects a positive USA Retail Holiday Season. Holiday shopping becoming less important to retailers.
At heart of Ikea's success is value. In fact, price is so important to Ikea's strategy that company first decides on price of a piece of furniture & then reverse engineers construction. - CNBC Make It
Malls as we know them are going out of style - but that doesn't mean they're dying. Instead, they're using AI, curated experiences, and more to evolve and fit into the world of tomorrow.
Synchrony’s latest consumer research tracks adoption and interest in new and emerging retail technology. Results for Personalization, Augmented Reality, Bio-Authentication and Simplification.
New research from a survey of 4,300 Chinese consumers suggests a path forward for brands and marketers seeking the next wave of growth. - From McKinsey & Company
With Facial Recognition, Smart Shelf signals, Personalized Promotions, Package & Bio-metric scanning, in-store & shopping experience as a whole is revolutionized for customers as well as retailers.
More than 90% of members who try Scan & Go use it again on their next trip, and regular use is up 40% this year. That’s because it makes shopping easier and members like that. - From Sam's Club
Will Amazon conquer the world? From banking to data, food delivery to healthcare, the FT's Lex looks at which sectors should fear the tech giant the most. From Financial Times
Latest technology and what it means for the 60 million people who work in the garment industry. - From Wall Street Journal
Browse and buy – in another dimension – at the mixed-reality shopping booth at Taobao Maker Festival 2019.
Evolutionary AI models a business and tests strategies to anticipate the likelihood of success.
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“Live your life as an Exclamation rather than an Explanation”– Isaac Newton
Let us travel to Cambridge University in the UK to learn something new about Isaac Newton. This English polymath actually has two birthdays. According to the modern Gregorian calendar, Newton was born on the 4th of January 1643. However, back in the 17th century when Newton was born, they still used the Julian calendar and the recorded date of this birth was Christmas Day 1642.
Newton was a preemie at birth and barely survived the first week. As a young student, he loved school and his favorite subject was Chemistry. As a later professor at Cambridge, Newton had a reputation for being reclusive and even a bit nasty, had few close friends, rarely spoke, and sometimes got so caught up with his work that he forgot to eat.
That eureka moment of an apple falling on Newton’s head is actually a legend. He merely observed it falling to the ground and wondered why it would fall to earth and not in some other direction.
We remember Newton for his work in physics, astronomy, and mathematics, but he was also interested in alchemy (turning lead into gold) and biblical chronology including predicting the end of the world. His predicted year was 2060.
Late in life, Newton took up the position at the royal mint in London, first as Warden and later as Master. He took his work seriously including chasing counterfeiters, several of whom ended up at the gallows.
This picture is in front of Isaac Newton’s office at Cambridge University with a descendant of the legendary apple tree in front. The opening quote to this summary is a powerful reminder to embrace life with curiosity and infectious enthusiasm. Stop justifying or explaining your choices to others. Find your authentic self and live a life with no regrets.
UK Retail Crime Survey 2025
Violence and abuse ballooned, rising by over 50% in the past year and 340% since 2020. Levels are now at over 2,000 incidents every single day, the highest rate ever recorded in our crime survey. The total cost of retail crime including crime prevention now sits at a colossal £4.2 billion, of which £2.2 billion is a direct result of customer theft. - From British Retail Consortium (BRC) Read more
50 Science Fiction Technologies and How Long They Took to Become Reality
List of 50 real-life technologies to showcase their journey from imaginative concept to tangible reality and explore how long it took to bring these futuristic ideas to life. - From Infographic Journal
Why Food Prices Are Still So High In The U.S. -CNBC
As inflation cools considerably, prices for items like gasoline, used cars and energy have all declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019. Read more
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